Ron Rose a Crook???
credit www.mma.tv
An absolute fiasco has engulfed the IFC show in Sturgis, South Dakota. The IFC was one of several shows to be prominently featured at the famous Sturgis motorcycle rally. Musicians B.B. King and the group 38 Special along with comedians Dana Carvey and Paul Rodriguez were all contracted to perform this weekend.
Unfortunately it seems as if a crooked investor has forced the cancellation of all performances.
Ron Rose is a 7x World Poker Champion and one of the co-investor/promoters. Mr. Rose apparently stole an estimated 400 to 600 thousand dollars of the ticket sales and then promptly skipped town. He also took with him all of the E ticket terminals.
The terminals were the only record keeping machines for the revenues being generated and it is assumed that he took them so he could wipe out the hard drives, making an exact accounting of how much he took impossible.
Several hundred bikers had purchased tickets to the various shows and are now left with the fact that they were duped out of their money. Millions will be lost on the show due to the fact that there were several television shows filming the perfomances along with an HBO special. The IFC show was set to be a pay per view event and will very likely be cancelled if other investors don't ante up for the stolen revenue.
Paul Smith and Monte Cox are scrambling to make the Horn vs. Marquardt fight happen, however Pe De Pano vs. Severn and all of the Brazilian fighters' fights have been officially cancelled. We will not find out until tomorrow morning whether or not the whole show will be cancelled.
An absolute fiasco has engulfed the IFC show in Sturgis, South Dakota. The IFC was one of several shows to be prominently featured at the famous Sturgis motorcycle rally. Musicians B.B. King and the group 38 Special along with comedians Dana Carvey and Paul Rodriguez were all contracted to perform this weekend.
Unfortunately it seems as if a crooked investor has forced the cancellation of all performances.
Ron Rose is a 7x World Poker Champion and one of the co-investor/promoters. Mr. Rose apparently stole an estimated 400 to 600 thousand dollars of the ticket sales and then promptly skipped town. He also took with him all of the E ticket terminals.
The terminals were the only record keeping machines for the revenues being generated and it is assumed that he took them so he could wipe out the hard drives, making an exact accounting of how much he took impossible.
Several hundred bikers had purchased tickets to the various shows and are now left with the fact that they were duped out of their money. Millions will be lost on the show due to the fact that there were several television shows filming the perfomances along with an HBO special. The IFC show was set to be a pay per view event and will very likely be cancelled if other investors don't ante up for the stolen revenue.
Paul Smith and Monte Cox are scrambling to make the Horn vs. Marquardt fight happen, however Pe De Pano vs. Severn and all of the Brazilian fighters' fights have been officially cancelled. We will not find out until tomorrow morning whether or not the whole show will be cancelled.
Comments
A) Steal from bikers?
I couldn't beleive it when I read but there are a few sites reporting. I follow MMA closely and a fairly large event has all but officially been cancelled because of this.
Jamie.
I thought Ron Rose was relatively new to high buy-in poker. He has won 7 World Poker Tour Events? Or simply 7 "major" tournaments?
The few references I've seen to this so far in Google News specify the reason for the cancellation as either unknown, or poor ticket sales.
ScottyZ